FX.co ★ Greece GDP Growth at 2-1/2-Year Low

Greece’s economy expanded by 0.2% quarter-on-quarter in Q1 2026, slowing from a downwardly revised 0.7% increase in the previous quarter. This was the weakest performance since the 0.3% contraction recorded in Q3 2023, as household consumption stagnated (vs 0.7% in Q4) and fixed investment declined (-2.5% vs 3.3%).

By contrast, government spending rebounded (2.4% vs -0.3%) and net external demand supported growth: exports edged higher (0.3% vs 0.9%), while imports fell (-0.6% vs 3.6%). On an annual basis, GDP grew by 2.0%, following a downwardly revised 2.3% expansion in the previous quarter.